Jeremiah O'Neill
Assessor has wrong sq footage
Hi all,I looked at a property today, it is listed as 1100 square ft and 2 beds, while the assessors website has the property listed as 500 square ft and 3 beds. The 1100 square ft is correct, so the assessors is inco...
Leanne Pressly
Help me evaluate three options for offloading current rental ?
Hi Everyone, I'm new here and seeking some opinions on offloading a rental property.Background: 2K sq ft single family home in HOT market in Colorado. I've owned it 2 years and break even on the rent. I intended to fi...
John Alosio
Best Big Box Store CC
Hello BP community,
I am seeking some advice when it comes to accounting of my DIY shopping habits.
Over the past few years I have been shopping at Home Depot with my personal credit card(2X cash back on all purchas...
Yonah Weiss
100% Bonus Depreciation following up the recent podcast
If you listened to the newest Podcast about how the tax reform affects real estate investors (if not here's the link):https://www.biggerpockets.com/renewsblog/biggerpockets-podcast-269-how-the-new-tax-code-affects-you...
Michael Garson
Philadelphia: Empty Lot - Tax Liens Negotiate with owner or City?
I'm trying to help a friend buy the empty lot behind his house. I'm taking it as good practice for other deals in the future. Anyway here are the details....
Lot purchased in 1974. It is basically the middle of a cit...
Sumit B.
Real Estate Tax Strategist
Hello Everyone,I am a new real estate investor who currently have 1 Long term Rental property in my portfolio. I am motivated to build my portfolio. I have seen a lot of video and google forums on difference between a...
Shafi Noss
Is Depreciation Worth Anything?
I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...
Farrah Ahmed
NYC - higher maint/cheaper apt or cheaper maint/ more exp apt?
Curious what people think. I'm looking at 2 different apartments in Manhatan. Both are good and I would be happy living there in terms of location/building/ apt/ etc. One is about 30% more expensive than the other, bu...
Guy Yoes
Building a Duplex to Rent
My wife's aunt has a property that is two lots wide. She is wanting us to buy it as she needs the money for health care ( and keep the property in the family). The area has exploded with duplexes in the last few years...
Don Konipol
A Tax Lien Warning Story
This is a story from my past that provides a perfect example as to why investing in tax liens at auction is so dangerous for any but the most experienced and knowledgable investors
20 years ago I purchased a SFR as a...